Bitcoin and gold share more than just being stores of value. High-profile figures like Paolo Ardoino have helped embed both assets in the global financial system. The relationship between the two runs deep, with Bitcoin’s design echoing gold’s scarcity. Tether has also embraced both assets, investing in Bitcoin mining and gold royalty companies. Bridgewater Associates founder Ray Dalio recommends allocating 15% of portfolios to BTC or gold. However, not everyone in the crypto space sees the value of precious metals, as Binance founder CZ playfully points out some of gold’s disadvantages compared to Bitcoin.
Read more at Yahoo Finance: CZ and Tether’s Ardoino on the Ties Between Bitcoin and Gold
